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Thread: Why does previous support become resistance and vice versa?

  1. #1291
    Member love muezza is an unknown quantity at this point love muezza's Avatar
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    previous support become resistance and previous resistance become support, this rules also makes me confuse this the reason why i dont really like to measure the name, i only like to named it as bouncing line so no matter it support or resistance those have the same rules it point for price bounce. by this i did not got confuse about name all line have same use for me and for sure i only need to see the nearest line from runing price

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    support and resistance are temporary profit taking areas and that is why when it is tested we sometime see very strong reactions and when market breaks one such strong area it becomes hars to break itnin first attempt and same is said for support but we need to be good enough to spot such areas and be consistent.
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  3. #1289
    Banned buma is an unknown quantity at this point buma's Avatar
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    agree with what you said. market sentiment is the factor that is making us to see the effect of support and resistance holding or breaking. we know lots of traders are watching the support and resistance level closely thats why they tend to hold most of the time and break occasionally

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  4. #1288
    Senior Member skyriver is on a distinguished road skyriver's Avatar
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    Market respect historical level and it is the main cose for supply and resistance level and when support brake then it become resistance and it is very good point for trader to trade because when trader have good plan to trade that level that give them good profit as well.

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  5. #1287
    Member javed415 is a glorious beacon of light javed415 is a glorious beacon of light javed415 is a glorious beacon of light javed415 is a glorious beacon of light javed415 is a glorious beacon of light javed415 is a glorious beacon of light javed415's Avatar
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    dear friend mujay is per kaam kertay huay is main aik sal say ziyda ho gaya hai laiakn aj tajk mujay ksis b pair ki aik bnaat ki amsnj nahain ayee hai k yeh ksi teraf achanak move ker jayeh gab and is ki movement main kitania taizai ho gay and is main is ko kaisay read kiya ja skaat hia.

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  6. #1286
    Member RAZA321 is on a distinguished road RAZA321's Avatar
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    Support and resistance are the main part of professional Forex trading because mein ne khud dekha hai k bohat se professional Forex traders apni trading kertay hi sirf support and resistance ki madad se. Aur hamein kam se kam se apni support and resistance weekly candles k lehaz se set kerni chahye....

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  7. #1285
    Member alhena is an unknown quantity at this point alhena's Avatar
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    lf each time it happen then sure forex become easy but in reality its not happen all the time like when new news if there is Actual much more than forecast than never all time currency go our expectation .and you can use this candle for all sorts of types of trade as the candles are so good work on the same market.

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  8. #1284
    Senior Member naveed_ahmad6864 has a spectacular aura about naveed_ahmad6864 has a spectacular aura about naveed_ahmad6864 has a spectacular aura about naveed_ahmad6864's Avatar
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    market kbhi bhee aik point py nhi reh sakti usko move krna hai orr ye movement zyadh bhe eho sakti hai orr km bhee is liye jsey hee kisi currency ki huge amount ko buy ya sell kia jata hai to market ki direction bnti hai orr wo kitna bhe elong chall sakti hai orr apny support ya resistance points ko break krti hai

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  9. #1283
    Banned maxforex is on a distinguished road maxforex's Avatar
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    This is a very psychological level in the forex marketing and traders all over the world are really looking and trading these resistance and support level. And I think this is the only reasons why this level becomes a psychological levels and people sell and buy at this level to the highest

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  10. #1282
    Member Saim Sheikh is an unknown quantity at this point Saim Sheikh's Avatar
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    Dear bhai jee , market hamesha support and resistance level per work kertee hain ees liye , jub previous support resistance ban jaye and again yeh repeat ho to hum ko yeh signal alert milta hai ke ab trend change ho sakta hai ...

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